money services business

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, driven by pricey spo...

South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...

South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busin...

Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...

Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Japanese products. The ...

Korea’s leading camera module maker LG Innotek Co. is projected to post record earnings this year thanks to its fast-growing integrated circui...

Some of the most cash-abundant firms across different industries in South Korea are issuing large amounts of bonds to raise even more funds amid a l...

South Korea's pharmaceutical group Green Cross Corp., or GC Pharma, will combine its two cell therapy developers listed on the junior Kosdaq market ...

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

There is money to be made in garbage. Such is the growing consensus among investors as well as waste treatment companies amid tighter environmental ...

South Korea’s Lotte Chemical Corp. is investing 4.4 trillion won ($3.8 billion) in hydrogen projects by 2030 to foster the business as a new g...

Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...

South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank, the country's lead...

South Korea’s largest steelmaker POSCO is emerging stronger from the pandemic-caused economic slowdown, with a record quarterly profit on robu...

The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...

SK Global Chemical (SKGC), a petrochemical subsidiary of SK Innovation Co., plans to build a plastic waste recycling plant in South Korea to extract...

Samsung Electronics Co.’s light-emitting diode (LED) business, which was almost on the verge of a shutdown due to its sluggish performance, is...

South Korean rechargeable battery-related companies are jumping into capital markets to raise money for capacity expansion as the fast-growing ele...

South Korea-based grocery delivery platform Oasis Corp., referred to as Oasis Market, has attracted 50 billion won ($44 million) from global private...

Samsung Electronics Co. said its operating profit in the second quarter likely surged more than 50%, beating market expectations, thanks to its heal...

South Korea’s LG Electronics Inc. expects to post significant revenue growth in its home appliance business in the second quarter, driven by p...

Young South Koreans are drowning in debt.Korean youths in their 20s and 30s are reeling under growing personal debt as they aggressively take out pe...

South Korea's Government Employees Pension Service (GEPS) has awarded a combined $105 million mandates to Goldman Sachs, Macquarie and Paris-based A...

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...

BTS agency HYBE’s founder Bang Si-hyuk will resign from his position as CEO to focus on music production. HYBE said that Bang will remain as c...

Multinational biopharmaceutical companies have dominated the world’s diagnostics market for years. However, the coronavirus pandemic, which st...

The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...

South Korea’s Hyundai Motor Group and Grab Holdings Inc. have agreed to strengthen their partnership in mobility services to accelerate the ad...

Pantos Co., the logistics unit of South Korea’s newly established LX Group, is entering the global e-commerce market by launching a worldwide ...